Gov. Paterson has said New York is facing a 1970s-style fiscal crisis. So with all this talk of
economic woe facing the City, I revisted the
infamous Daily News cover from Oct. 30, 1975.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAkM6MA1wzHjfAUG3KwP3jYdVnjR2YW2rXOtXf_hc1c0I33WUMgGcluskf9CAX3gUT4RK6ANToee9ZS9eIg4374Kd_kgHALiYstCAwkKKAQ-X2MYhsUfx0WN4Jy7eHPdfozOZr_JzeGsgE/s400/17881729_f86aded77b.jpg)
What struck me more than anything...Stocks Skid, Dow
Down 12!
12?
(By the way, I was unaware that there was an
NYC-based record label called Ford to City Drop Dead)